Follow-Ups to Answer from Expert Russ Martin

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chris wrote at 2006-12-15 20:22:24
I have bought in Esterillo from Costa Developers. It is legit and a good opportunity. You put your money down and then have 60 days to see the lot before signing. Very nice area, but the lots are mostly on hillside type land, not flat.

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stunt wrote at 2010-03-31 19:58:54
I have purchased from Costa Developers. They are probably one of the few developers currently in Costa Rica that do not require a short period between buying land and then having to build. You have the options of interest free payments for the land purchase as well I believe its 3 or 5 years. Most other developers in the country want cash then you have a time line something like 24 months to build a house on the plot.



If you wish to buy land from Costa Developers. You have to visit the development before hand, you cannnot purchase a plot site unseen. Everything you see on the company web site is actually there, I have seen it with my own 2 eyes.



They have a complete turnkey solution if you wish to use it. If not, that's cool too. These guys are awesome .. so please think hard before knocking all developers as scam artists... this company is professional and stands by what it says it will do.



I agree you have to be careful when buying land or property overseas, this developer currently has 3 developments in the central pacific region and is looking to expend on that from what I hear.

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MJK wrote at 2010-05-27 17:12:27
I own two properties in Costa Esterillos which I purchased back in 2006.  I was down last month (April 2010) to check on the progress and meet with the architect to finalize a design.  All the roads in the Esterillos development have been completed and were done in brick.  It looks beautiful.  All of the underground utilities are in as well including cable, internet and phone.  There was one house completed and occupied on the block where my two lots are.  There were also a number of other houses completed and occipied.  The guard house at the entrance is done. The 1.25 acre beach club a few minutes from the entrance on Playa Hermosa is about half done.  When complete, it will have a parking lot, lockers, restaurant and pool.  I am very pleased with the progress and quality of work done to date at Esterillos and plan on starting my home in about two years.  There are developments standing idle.  This is not one of them.



MJK

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silver surfer wrote at 2011-11-10 19:02:33
I actually own and live in my home in Costa Esterillos Estates....and there is no telephone or cable in the development and probably will not for some years.  we have a cell phone and it works great.   we also were able to purchase a kolbi data card that gives us great internet service.   The road and utilities are in and the view from most of the lots is quite beautiful....it is one of the few developments that is actually functioning well and is growing in numbers....most of the homes are over 3500 sq feet.

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